Hello Jadies! I wanted to say a few things about JadeiteRoom, the seller on Etsy that opened an online shop earlier this year. They say they wanted to expand their existing brick and mortar business in HK claiming to be the "BEST place to buy affordable GRADE A JADE"
I really liked a bangle they had but was not sure about them as a new seller and decided to wait until I heard more. So I placed the bangle in my "favorites" on Etsy and one or two people on these threads eventually reported shopping there and that their jade checked out so I decided to go for it. I went to look at the bangle again and noticed that in the mean time the price had gone up by $200. I really liked it and after much thought, it was not cheap, decided to buy it.
I had also placed a couple of other bangles of theirs in my favorites (did not want to buy them, but to keep an eye out as another jadie was considering one of these

) and noticed that within 1-2 weeks their prices (and also the price of another bangle that was really nice but not my size I had not favored) had been marked up considerably (20% -50%) and by as much as $1000 USD in one case.
So I decided to run a little experiment. I added a random bangle of their inventory to my favorites. Sure enough, within 2 weeks the seller changed the price up from $300 to $500 on just that bangle. Other bangles of theirs prices' did not change during that time.
It is the seller's right to change the price of their items and you might argue this is "supply and demand" but there is no demand, I just randomly "liked" some bangle. Since opening, the prices of many of their bangles have gone up and are now on par with Ultimate Jadeite which I find to be pricey for medium quality jadeite, UJ has excellent customer service, so people like them, whatever.
I find JadeiteRoom's seller tactics to be a bit shady and wanted people to know about them here. In their defense though, unlike UJ, they do send certificates with their lower priced bangles and the jade seems to check out.
Please let people know if you have noticed a similar thing.
Here is the bangle:
View attachment 4573322